What’s Ahead for Xplore Technologies Corp (NASDAQ:XPLR) After More Shorted Shares?

June 16, 2018 - By Adrian Mccoy

Xplore Technologies Corp. (NASDAQ:XPLR) Logo

The stock of Xplore Technologies Corp (NASDAQ:XPLR) registered an increase of 30.77% in short interest. XPLR’s total short interest was 23,800 shares in June as published by FINRA. Its up 30.77% from 18,200 shares, reported previously. With 16,500 shares average volume, it will take short sellers 1 days to cover their XPLR’s short positions. The short interest to Xplore Technologies Corp’s float is 0.25%.

The stock increased 0.32% or $0.01 during the last trading session, reaching $3.17. About 14,135 shares traded. Xplore Technologies Corp. (NASDAQ:XPLR) has risen 57.71% since June 16, 2017 and is uptrending. It has outperformed by 45.14% the S&P500.

Xplore Technologies Corp. develops, integrates, and markets rugged mobile personal computer systems in the United States, Canada, and internationally. The company has market cap of $34.98 million. The companyÂ’s products enable the extension of traditional computing systems to a range of field personnel, including energy pipeline inspectors, public safety personnel, warehouse workers, and pharmaceutical scientists. It has a 77.32 P/E ratio. It offers a line of iX104 tablet PCs that are designed to operate in various work environments, such as extreme temperatures, constant vibrations, rain, and blowing dirt and dusty conditions; and are fitted with a range of performance matched accessories comprising multiple docking station solutions, wireless connectivity alternatives, global positioning system modules, and biometric and smartcard modules, as well as traditional peripherals, such as keyboards, mice, and cases.

Xplore Technologies Corp. (NASDAQ:XPLR) Institutional Positions Chart

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